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    4429 Willow St New Orleans, LA 70115

    Sponsored
    For Sale
    $1,975,000

    Prime Uptown New Orleans Medical Development

    Property size:
    21,344 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.49-acre property at 4429 Willow Street in New Orleans, Louisiana (zip code 70115), offers a unique investment opportunity. Located directly across from Ochsner Baptist, a division of the Ochsner Medical System, this site is ideally suited for a medical office building development, catering to healthcare providers affiliated with the Ochsner system. The property boasts 21,344 square feet and is priced at $1,975,000 ($92.53 per square foot). Its mixed-use zoning allows for flexibility in development, encompassing medical, retail, and office spaces. The site benefits from a hard corner intersection with readily available utilities. This property presents a compelling investment opportunity, further enhanced by its designation as a Qualified Opportunity Zone. The property is available for sale or lease. Further details are available upon request.

    Property Features for 4429 Willow St

    General Information

    Property type
    Medical offices
    Square Feet
    21,344 SF
    Lot Size
    21,344 SF

    HighLights

    • Qualified Opportunity Zone designation.
    • Excellent site for medical, retail, office, or mixed‑use development.
    • High‑visibility hard corner location with on‑site utilities.
    • Across the street from Ochsner Baptist Medical Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.1043375
    Latitude
    29.9392493

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    FAQs

    What type of property is this?
    Medical office - Prime Uptown New Orleans Medical Development
    Where is this medical office located?
    The property is located at 4429 Willow St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: Qualified Opportunity Zone designation.; Excellent site for medical, retail, office, or mixed-use development.; High-visibility hard corner location with on-site utilities.
    Request Owner's contact information
    4429 Willow St New Orleans, LA 70115
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    New Orleans, LA 70115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4429 Willow St New Orleans, LA 70115
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